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Peru's government plans to seek up to 1.5 billion soles (US$500 million) in infrastructure tax swaps this year to rebuild after its worst flooding in half a century. Rain-swollen rivers and landslides have killed 106 people and left 170,000 homeless.
The reconstruction spending is aimed at roads, bridges and water systems, which may ease some transport bottlenecks over time. It does not change near-term crop or feed supply.
bnamericas.comApr 20, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
